AlphaCore Launches Family Office Affiliate Following Acquisition of Streamline Family Office

AlphaCore Wealth Advisory has launched a new family office affiliate, AlphaCore Streamline (AC Streamline), through the acquisition of Streamline Family Office.

The financial terms of the transaction have not been disclosed.

This newly formed entity will operate as a distinct, affiliated business dedicated to providing non-advisory family office services.

The acquisition is a key component of AlphaCore’s strategy to expand its wealth management framework, enhancing its service offerings for ultra-high-net-worth families through a specialized family office division.

Headquartered in Dover, Massachusetts, Streamline Family Office was founded by Katie Sullivan, who has led the firm for over 25 years.

Sullivan noted, “Our partnership with AlphaCore provides an opportunity to continue evolving alongside our existing clients while extending that same high level of attention to a broader range of families with enhanced capabilities.”

The firm specializes in delivering independent family office services to ultra-high-net-worth families, supported by a dedicated team of 15 professionals.

The leadership team includes Chief Relationship Officer Amy Johnston, Chief Operating Officer Rebecca Sliwoski, Chief Financial Officer Trisha Presley, and Family Advisor Leader Andrea Longo Carter.

The organization collectively manages approximately $5 billion in combined assets.

The establishment of AC Streamline builds upon the robust non-advisory family office foundation AlphaCore has cultivated in recent years under the leadership of Tara Dekel, Director of AlphaCore Family Office.

This strategic move follows AlphaCore’s expansion into tax preparation and planning services last year.

AlphaCore Founder and CEO Dick Pfister stated, “What distinguishes a true family office relationship is the profound level of intimacy and trust it fosters. It transcends simple investment management, delving into the intricate dynamics, priorities, and aspirations of the family.”

“It is exceptionally rare to find a team with decades of specialized experience, possessing the deep knowledge and relationships that accompany such tenure. AlphaCore was founded on a vision of delivering an enduring, boutique, and premium client experience, and Streamline is precisely the partner we need as we continue to build that vision.”

Last month, AlphaCore Wealth Advisory also acquired Brave Family Advisors, a wealth management firm overseeing $700 million in client assets.

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